How much did milk cost in 2017?
Milk averaged $3.23 per gal in 2017 — about $4.42 in 2026 dollars.
Monthly average price (USD per gal) · 2017
In 2017, milk averaged $3.23 per gal at the U.S. city average, across all twelve months, according to U.S. Bureau of Labor Statistics average price data. The monthly price ranged from $3.15 in November to $3.32 in January. Over the year it fell from $3.32 in January to $3.16 in December, a 4.9% decline.
Adjusted for inflation, $3.23 in 2017 is worth about $4.42 in 2026 dollars. Today milk averages $4.22 per gal, so in real terms it is 5% cheaper than it was in 2017. In plain (unadjusted) dollars the price is up 31% versus the 2017 average.
2017 monthly prices
| Month | Price | MoM |
|---|---|---|
| January | $3.32 | ▲ 0.8% |
| February | $3.30 | ▼ 0.5% |
| March | $3.32 | ▲ 0.5% |
| April | $3.26 | ▼ 1.7% |
| May | $3.24 | ▼ 0.5% |
| June | $3.21 | ▼ 0.9% |
| July | $3.22 | ▲ 0.2% |
| August | $3.17 | ▼ 1.6% |
| September | $3.21 | ▲ 1.3% |
| October | $3.16 | ▼ 1.6% |
| November | $3.15 | ▼ 0.3% |
| December | $3.16 | ▲ 0.2% |
| 2017 average | $3.23 |
FAQ
What was the average price of milk in 2017?
Milk averaged $3.23 per gal in 2017, based on 12 months of BLS average price data.
How much is $3.23 of 2017 milk worth today?
Adjusted for inflation with the CPI-U, $3.23 in 2017 is about $4.42 in 2026 dollars.
How does the 2017 price of milk compare to now?
Milk now averages $4.22 per gal, up 31% from the 2017 average of $3.23.